Gill Properties Scotland Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2

Registered number: SC767022

		2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		425,000

			425,000
CURRENT ASSETS
Cash at bank and in hand		3,753

		3,753
Creditors: Amounts Falling Due Within One Year	5	(428,650 )

NET CURRENT ASSETS (LIABILITIES)			(424,897 )

TOTAL ASSETS LESS CURRENT LIABILITIES			103

NET ASSETS			103

CAPITAL AND RESERVES
Called up share capital	6		100
Income Statement			3

SHAREHOLDERS' FUNDS			103

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Baljinder Gill Director	Jagdeep Gill Director
5th June 2025

The notes on page 2 form part of these financial statements.

1. General Information

Gill Properties Scotland Limited is a private company, limited by shares, incorporated in Scotland, registered number SC767022 . The registered office is 14 Newton Place, Glasgow, G3 7PY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

25%

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 May 2024	-
Additions	425,000

As at 30 April 2025	425,000

Net Book Value
As at 30 April 2025	425,000

As at 1 May 2024	-

5. Creditors: Amounts Falling Due Within One Year

	2025
	£
Other creditors	428,650

6. Share Capital

	2025
	£
Allotted, Called up and fully paid	100